J O’Connor Pty Ltd blog provides practical guidance on audits, reviews, governance, and financial reporting issues commonly faced by incorporated associations and community organisations.
Auditor Prohibitions Explained
Auditor independence protects your organisation. Find out why auditors are prohibited from preparing BAS, tax returns and valuations, and when registered professionals are required.
Why Engagement Letters Matter
Engagement letters clearly define the scope, responsibilities, and independence of audit and review engagements, supporting good governance for incorporated associations and not-for-profit organisations.
Management Letters: Why Clients Don’t Understand Them.
A frustrated couple reading an audit management letter, highlighting common confusion around auditor findings, significance, and what really matters for financial reporting.
Transparent Pricing: How Fixed Fees Reduce Risk
A visual representation of comparing audit tenders fairly, showing the importance of understanding fixed fees versus estimated pricing to ensure transparent, like-for-like comparisons for community organisations.
Why Timely Financial Information Matters
Person checking a flight departure board at an airport, showing multiple destinations and departure times, symbolising the importance of timely and accurate information.
Why Questioning Financial Statements Matters
Infographics don’t replace judgment — good governance comes from discussion and questioning.
What We Actually Do in a Review
A clear, plain-English explanation of the real differences between reviews and audits, including ethics, evidence requirements, and what committees can expect.
Why Committee Minutes Matter
Learn why clear committee minutes are essential for incorporated associations in Queensland. Find out the legal requirements, common mistakes, and how good minutes make your audit or review faster and easier.
Changing Your Association’s Year End in Queensland
Thinking about changing your association’s year end in Queensland? Here’s a plain-English guide to the process, Form 8, approvals and common pitfalls.
Reporting Level
Understand Queensland reporting levels for incorporated associations. Learn if your group is small, medium, or large and what audit or review you need.
Common Errors
When the numbers don’t add up, it can feel isolating. We’re here to help Queensland clubs and associations regain clarity, confidence, and calm — one step, one reconciled account at a time.
Why Auditors Must Stay Independent
Auditor independence protects your association and builds trust. Under the APES 110 Code of Ethics, auditors cannot prepare BAS, payroll or bookkeeping for the same organisation they review. Learn why this ethical rule ensures objective, reliable financial statements for community and charity committees.
Understanding Reviews and Audits
Not sure if your group needs a review or an audit? This short guide explains both in simple terms for Queensland community organisations and P&Cs.
The Ethical Foundation
Discover how Chartered Accountants uphold independence and trust through the APES 110 Code of Ethics. Learn why professional ethics matter in audits and reviews.